Indonesian producer lowers domestic PP, lifts PE prices

An Indonesian producer reported that they raised their domestic PE film prices at the start of the week while lowering their prices for some grades of PP as well as HDPE pipe. The producer lowered their prices for homo-PP injection and raffia by IDR410,000/ton ($30/ton) while leaving their prices for other PP grades unchanged.

For PE, the producer reduced their HDPE pipe prices by IDR280,000/ton ($20/ton) while lifting their HDPE film prices by IDR160,000/ton ($12/ton) and their LLDPE film prices by IDR30,000/ton ($2/ton). For LLDPE injection, the producer left their prices unchanged from the past week.

The producer’s new prices stand at IDR16,730,000/ton ($1222/ton) for homo-PP injection and raffia, IDR17,410,000/ton ($1272/ton) for PP film, IDR17,280,000/ton ($1262/ton) for BOPP and at 17,140,000/ton ($1252/ton) for PP coating, all on an FD Jabodetabek, Indonesia, cash basis.

For PE, the producer’s prices stand at IDR17,230,000/ton ($1259/ton) for LLDPE film, IDR19,320,000/ton ($1412/ton) for LLDPE injection, IDR16,820,000/ton ($1229/ton) for HDPE film and at IDR17,680,000/ton ($1292/ton) for HDPE pipe (PE100) with the same terms.